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Quarterly Financial Information (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
 
 
2013
 
 
First
 
Second
 
Third
 
Fourth
(In thousands, except per share data)
 
Quarter
 
Quarter
 
Quarter
 
Quarter
Revenue as reported in Form 10-Qs
 
$
44,993

 
$
45,663

 
$
47,324

 


Revenue of sold properties transferred
 
 
 
 
 
 
 
 
to discontinued operations
 
$
(2,138
)
 
$
(2,179
)
 
$
(1,255
)
 


Revenue
 
$
42,855

 
$
43,484

 
$
46,069

 
$
49,070

Operating income
 
$
8,298

 
$
9,047

 
$
9,386

 
$
9,795

Net income
 
$
10,363

 
$
1,652

 
$
20,007

 
$
29,273

Net income attributable to AERC
 
$
10,346

 
$
1,638

 
$
19,993

 
$
29,273

Basic earnings per common share
 
$
0.21

 
$
0.03

 
$
0.40

 
$
0.51

Diluted earnings per common share
 
$
0.20

 
$
0.03

 
$
0.40

 
$
0.51

 
 
2012
 
 
First
 
Second
 
Third
 
Fourth
(In thousands, except per share data)
 
Quarter
 
Quarter
 
Quarter
 
Quarter
Revenue as reported in Form 10-Qs
 
$
38,207

 
$
39,999

 
$
42,878

 


Revenue of sold properties transferred
 
 
 
 
 
 
 
 
to discontinued operations
 
$
(2,030
)
 
$
(2,085
)
 
$
(1,210
)
 


Revenue
 
$
36,177

 
$
37,914

 
$
41,668

 
$
42,795

Operating income
 
$
6,512

 
$
6,991

 
$
8,238

 
$
9,204

Net (loss) income
 
$
(2,086
)
 
$
23,665

 
$
2,101

 
$
6,931

Net (loss) income attributable to AERC
 
$
(2,081
)
 
$
23,669

 
$
2,093

 
$
6,911

Basic earnings per common share
 
$
(0.05
)
 
$
0.55

 
$
0.04

 
$
0.14

Diluted earnings per common share
 
$
(0.05
)
 
$
0.54

 
$
0.04

 
$
0.14